What can you do with NFT?

NFTs are tokens that we can use to represent ownership of unique items . They let us tokenise things like art, collectibles, even real estate. They can only have one official owner at a time and they’re secured by the Ethereum blockchain – no one can modify the record of ownership or copy/paste a new NFT into existence.

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How can you make money with NFT?

Some entrepreneurs and investors utilize NFTs like stocks and profit by buying and selling them . If you have already purchased a collection of NFTs and don’t need them anymore, you can easily sell them the same way you would if you were to create them yourself. The only step you’ll skip is the minting process.

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Is NFT good for artists?

The NFT isn’t necessarily the artwork itself, but it can function as a digital certificate of authenticity for the work . The NFT allows a creator to name a rightful owner of a file, giving them the rights to present, access or resell it. In the Digital Art space, this is beneficial technology.

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